OMAHA, NEBRASKA, US — Union Pacific Corp. has agreed to acquire Norfolk Southern Corp. for $85 billion, a merger that would ...

Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in ...

The Surface Transportation Board said on Wednesday that Union Pacific and Norfolk Southern have formally filed a notice of ...

Jim Chadwick, President of Ancora Alternatives, joins CNBC’s Morgan Brennan to break down the Norfolk Southern–Union Pacific ...

The $85 billion Union Pacific and Norfolk Southern merger agreement includes a $2.5 billion breakup fee that anticipates potential twists and turns that could play out over the next two years. The ...

As two of America's freight railroads move to merge, industrial supply chains could see both streamlined coast-to-coast shipping and reduced competitive alternatives in an increasingly consolidated ...

Together, the two would create the first transcontinental freight rail in the United States and the largest freight rail ...

Despite setbacks in 2022 and 2023, the firm rekindled margin improvement in 2024 under PSR veteran Jim Vena's leadership. Union-contract wage and benefit inflation will remain a partial margin ...

Union Pacific has signed an agreement to acquire Norfolk Southern in a stock and cash transaction, at an enterprise value of $85bn, which will result in a combined enterprise worth over $250bn.

The combined company would be worth $250 billion, making it the biggest buyout in rail industry history.